ParTec AG: ParTec AG with successful initial public listing in the Scale Segment

ParTec AG with successful initial public listing in the Scale Segment

Supercomputing and Quantum Computing on the Frankfurt Stock Exchange

Munich, 3 July 2023 - ParTec AG (ISIN: DE000A3E5A34 / WKN: A3E5A3), manufacturer and developer of innovative and world-leading dynamic Modular Supercomputers and Quantum Computers, has successfully gone public on the Frankfurt Stock Exchange. As of today, the shares are listed in the Scale Segment. The opening price was 112.50 Euro per share. A total of 8.0 million registered shares were listed, bringing the market capitalization to 900 million Euros at the start of trading.

In the fiscal year 2022, ParTec AG achieved a net profit of 11.2 million Euros with a revenue of 36.1 million Euros. The company has a strong business base in Europe and is currently realizing major projects in Luxembourg, Spain and Italy, among others, with order volumes in the three-digit million range. In the key industrial regions worldwide, ParTec AG holds over 150 granted and pending patents.

By focusing on the development of dynamic Modular Supercomputers and Quantum Computers, as well as its own ParaStation Modulo software for the operation and integration of both systems, ParTec AG is one of the leading companies in reshaping the world of High Performance Computing.

Extremely high computing power is a key to innovation in society, science and industry. Artificial intelligence, for example, is only possible when machines of the kind ParTec AG supplies are available.

"With our initial public listing, we are sending a clear signal in the field of High Performance Computing and Quantum Computing", emphasizes Bernhard Frohwitter, CEO of ParTec AG. "Investors are welcome to join us as we unlock the potential of dynamic Modular Supercomputing as well as Quantum Computing. These machines are the very foundation of enabling artificial intelligence to exist."

About ParTec AG:

ParTec AG specializes in the development and provision of state-of-the-art Supercomputers and Quantum Computers as well as accompanying operating software. Its offering includes consulting and support services in all areas of the development, construction and operation of advanced High Performance Computers (HPC) and Quantum Computers (QC).

Further information on the company as well as on ParTec AG's innovative solutions in the field of High Performance Computing and Quantum Computing can be found at www.par-tec.com.

Investor Relations Manager

edicto GmbH

Dr. Sönke Knop / Doron Kaufmann 

partec@edicto.de

+496990550551